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Father of Atlanta's Skyline Adopts Automated Payables Solution
Charlotte, NC (March 13, 2008) - Selig Enterprises has selected AvidXchange and Intuit Real Estate Solutions (IRES/MRI) for their back-office platform. AvidInvoice for MRI is a web-based invoice management system designed to automate the way companies manage their accounts payable documents. The AvidInvoice module provides finance executives and AP managers with enforceable controls, powerful reporting and added "visibility" to all invoice documents in their organization while providing invoice "approvers" with features that make it easier to apply accounting codes and approve or dispute invoices.
About Selig Enterprises
Founded in 1918, Selig Enterprises, headquartered in Atlanta, Georgia, has a real estate portfolio that includes shopping centers, industrial complexes and office projects throughout the Southeast. The company provides leasing, development, acquisition, space design, construction, legal, property management, brokerage and accounting services for more than 250 properties. Selig also owns and operates AAA Parking, which manages over 100 parking facilities. Now under the direction of Ben Massell's grandson, S. Stephen Selig III, Selig Enterprises is one of the largest privately held real estate companies in the Southeast. Additional information on Selig Enterprises can be found at www.seligenterprises.com.
About Intuit Real Estate Solutions
Intuit Real Estate Solutions (IRES/MRI) offers business management solutions to the global property management industry as well as to corporate real estate managers. Offering the most flexible solutions with both outsourced hosted offerings and packaged enterprise software, IRES strives to develop long-term successful relationships with its clients. The business currently has more than 4,500 clients on five continents and in 41 countries. Additional information on Intuit Real Estate Solutions can be found at www.realestate.intuit.com.
About AvidXchange
Founded in 2000, AvidXchange, Inc., headquartered in Charlotte, North Carolina, is the industry-leading provider of paperless invoice management and electronic purchase order tools for real estate companies in the office, retail, multi-family and industrial sectors. More than 30 public REITs and over 115 real estate companies are managing their payables with AvidInvoice, the SAS 70 Certified AP workflow solution that eliminates lost invoices, minimizes late fees/overnight courier charges and reduces invoice processing costs by up to 50%. Additional information on AvidXchange can be found at www.avidxchange.com.
For Immediate Release
Contact: Michael Praeger
mpraeger@avidxchange.com
704.971.8101
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